- For Sale $2,900,000
- Property Type Industrial
- Lot Size 2.93 Acre
- # of Floors 1
- Property Tenancy Multi-Tenant
- Year Built 2025
- Date Updated May 18, 2026
- Dock High Doors 4
- HVAC None
Description
This newly constructed 24,000 SF light industrial development is currently in active lease-up with strong tenant demand and projected gross potential rent of $282,000 at stabilization. The property consists of four 6,000 SF warehouse buildings designed for multi-tenant use and demisable into 2,000 SF units. Each unit includes 16’ sidewalls, a 14’ x 14’ overhead door, heated interior space, and a private restroom. The site supports semitruck circulation, paved parking, and optional gravel yard areas Located near I-90 Exit 61 (Elk Vale Road / SD-79) within Rapid City’s established Elk Vale industrial corridor, the property provides convenient interstate access for local and regional users. NNN lease structures and remaining lease-up capacity create a clear path to stabilized income with additional upside through future yard or lot utilization. For additional information or to schedule a showing, contact Dan Logan at 605-593-7980.
Contact listing agent for all inquiries. Showings require a minimum 24 hour notice. Information Packet included in associated documents. Interiors will be completed by developer.
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Contacts
KW Commercial | Black Hills
KW Commercial | Black Hills